Facebook quarterly profit more than doubles as its ranks swelled during the past year to a mammoth user base of nearly 1.6 billion, the social media giant says.

Sony announced Tuesday it is moving its PlayStation business to Silicon Valley and consolidating its game console offerings under one roof.

South Korea's exports are expected to extend their slump in January as the global economy shows little sign of improving sharply, while inflation is seen likely to have cooled this month as global oil prices fall further.

Britain's trade unions are close to joining the push to keep the country in the European Union, bringing grass-roots muscle to a fight that has so far been dominated by big business and bankers, the head of the country's largest union group said.

The World Economic Forum (WEF) has created a new task force with Bank of England Governor Mark Carney and his counterpart at the

AS China sales show signs of cooling, Apple Inc is touting India's appetite for iPhones, betting that rising wages and an expanding middle class will pull consumers away from the cheap alternatives that currently dominate the market.

Japan's Canon said Wednesday that annual net profit fell 13.6 percent last year owing to weak demand for cameras in emerging economies and a slowdown in China.

US consumer products giant Procter & Gamble reported a jump in second-quarter earnings Tuesday, despite a strong dollar that continued to depress the value of foreign sales.

Oil prices resumed their slide Asia Wednesday as long-running concerns over the saturated market overshadowed talk of possible coordination between some major producers to slash output.

Apple's stock value drops to below $100 for the first time since October 2014.

SEVEN foreign firms are interested in bidding for Myanmar's fourth telecoms licence, a government official said on Monday, as the

AS a slick slide presentation runs for the well-heeled investors jammed into the banqueting hall of Shanghai's Renaissance Yangtze Hotel, an image flashes up of a grinning Chinese man pushing a wheelbarrow full of cash into Europe.

Twitter is overhauling its top management said CEO Jack Dorsey, who announced the shakeup Monday as the social network struggles to

A British parliamentary committee will ask Google to testify about a back tax deal under which it will pay 130 million pounds ($185

Japan's trade deficit narrowed sharply in 2015 as tumbling oil prices took pressure off its soaring post-Fukushima energy import bill,

The outlook for the German economy, Europe's biggest, clouded over significantly in January as business confidence fell to its lowest level in 11 months, the Ifo economic institute said on Monday.

Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on record, Thomson Reuters data shows, a slowdown analysts say will heat up the battle with smaller rival JD.com Inc in a tougher economy.

Two junior employees of one of China's biggest banks stole financial instruments worth 3.9 billion yuan ($593 million) in a failed attempt to make a fortune on the stock market, the bank admitted.

Russia's economy contracted by 3.7 percent in 2015, according to preliminary figures published by the country's statistics service.

Oil prices extended their rally in Asia Monday buoyed by hopes of extra stimulus measures in the eurozone and Japan that could help boost demand in the face of a global supply glut.